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CBRE Group Completes $500 Million Notes Offering

02.23.24

Simpson Thacher represented CBRE Group in connection with an offering by CBRE Services of $500 million in aggregate principal amount of 5.5% Senior Notes due 2029. The net proceeds of the offering will be used to finance in part the acquisition of J&J Worldwide Services.

CBRE Group (NYSE: CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2023 revenue).

The Simpson Thacher team included William Brentani, Jesse Feng and Maggie Whalen (Capital Markets); and Jonathan Cantor and Adam Hersch (Tax).